Alert: Negative Investment/Fundamental Signals (3/28/24)-Donegal Group Inc (NASDAQ: DGICA)

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Recent notable negative changes in fundamentals have impacted Donegal Group Inc (NASDAQ: DGICA): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Donegal Group Inc (NASDAQ: DGICA) suffers from notable negative changes in investment behavior: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be below the cost of capital, DGICA is expected to continue to be a modest Value Eraser.

Donegal Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Donegal Group has a neutral Power Rating of 44 but a poor Appreciation Score of 29, with the Negative Value Trend Rating the result.

Recent Price Action

Donegal Group Inc (NASDAQ: DGICA) stock closed at $14.14 on 3/28/24 after a modest gain of 0.7%. Trading volume in this advance was normal. The stock has risen 1.5% during the last week and has performed in line with the market over the last nine months.

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